Today AgriCommodity Market Report 02-05-2013

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Daily Newsletter-Agri Commodity 02/05/2013 www.capitalheight.com

Transcript of Today AgriCommodity Market Report 02-05-2013

Daily Newsletter-Agri Commodity 02/05/2013

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MARKET WRAP

Pepper crawls up on buying interest, closed in green, up by 0.49%.

Castor Seed surged up after overcoming previous day selling pressure.

Chana Futures too ends in green, up by 0.70% on healthy demand.

Cardamom remains volatile throughout the trading session but ends in green, up by

0.68%. Rajasthan Mustard and Indore Soya has started arriving market. Excessive

hammering pushed Dhaniya to shed 1.19% from previous close. Mentha Oil came down

by 1.57% to settle at 953.30. Edible oil trade cautious ahead of export trade data.

COMMODITY P. CLOSE LAST CLOSE NET CHANGE % CHANGE

CARDAMOM 809.80 815.30 5.50 0.68

CASTOR SEED 3,282.00 3,326.00 44.00 1.34

CHANA 3,409.00 3,433.00 24.00 0.70

DHANIYA 6,951.00 6,868.00 -83.00 -1.19

JEERA 12,807.50 12,910.00 102.50 0.80

MENTHA OIL 968.50 953.30 -15.20 -1.57

PEPPER 35,405.00 35,580.00 175.00 0.49

RM SEED 3,452.00 3,452.00 0.00 0.00

SOYBEAN 3,876.50 3,914.50 38.00 0.98

TURMERIC 6,370.00 6,398.00 28.00 0.44

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TECHNICAL VIEW

CARDAMOM (MAY) CASTOR SEED (MAY)

CHANA (MAY) DHANIYA (MAY)

JEERA (MAY) MENTHA OIL (MAY)

PEPPER (MAY) RM SEED (MAY)

• Consolidate

• Sell On High

Trend

Strategy• R2 - 843

• R1 - 827Resistance

• S1 - 803

• S2 - 786Support

• Consolidate

• Sell On High

Trend

Strategy• R2 - 3442

• R1 - 3375Resistance

• S1 - 3276

• S2 - 3209Support

• Consolidate

• Sell On High

Trend

Strategy• R2 - 3553

• R1 - 3484Resistance

• S1 - 3381

• S2 - 3312Support

• Consolidate

• Buy On Dips

Trend

Strategy• R2 - 7108

• R1 - 6971Resistance

• S1 - 6764

• S2 - 6627Support

• Consolidate

• Sell On High

Trend

Strategy• R2 - 13361

• R1 - 13103Resistance

• S1 - 12716

• S2 - 12458Support

• Consolidate

•Sell On High

Trend

Strategy• R2 - 986

• R1 - 967Resistance

• S1 - 939

• S2 - 919Support

• Consolidate

• Sell On High

Trend

Strategy

• R2 - 36825

• R1 - 36113Resistance

• S1 - 35046

• S2 - 34334Support

•Consolidate

• Buy On Dips

Trend

Strategy• R2 - 3572

• R1 - 3503Resistance

• S1 - 3400

• S2 - 3331Support

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[email protected]

Phone- (0731)4295950

SOYABEAN (MAY) TURMERIC (MAY)

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• Consolidate

• Sell On High

Trend

Strategy• R2 - 4051

•R1 - 3973Resistance

• S1 - 3855

• S2 - 3777Support

• Consolidate

• Buy On Dips

Trend

Strategy• R2 - 6621

• R1 - 6493Resistance

• S1 - 6302

• S2 - 6174Support